Higher Way Electronic Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 13, 2021 at 06:02 pm
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Higher Way Electronic Co., Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was TWD 383.422 million compared to TWD 237.878 million a year ago. Operating income was TWD 10.662 million compared to operating loss of TWD 8.231 million a year ago. Net income was TWD 2.496 million compared to net loss of TWD 16.825 million a year ago. Basic earnings per share from continuing operations was TWD 0.07 compared to basic loss per share from continuing operations of TWD 0.5 a year ago. For the half year, sales was TWD 690.769 million compared to TWD 401.214 million a year ago. Operating income was TWD 18.178 million compared to operating loss of TWD 10.340 million a year ago. Net income was TWD 15.041 million compared to net loss of TWD 18.327 million a year ago. Basic earnings per share from continuing operations was TWD 0.45 compared to basic loss per share from continuing operations of TWD 0.55 a year ago.
HIGHER WAY ELECTRONIC CO., LTD. is a Taiwan-based company principally engaged in the design, manufacture and distribution of integrated circuits (ICs). The Company's primary products include multimedia controllers ICs, speech and music ICs, memory devices ICs, liquid crystal display (LCD) controllers ICs, single-chip microcontrollers ICs and optoelectronic devices. The Company's products are mainly used in electronic keyboards, Web cameras, moving picture experts group layer-3 audio (MP3) players, television (TV) games, electronic learning aids (ELAs), electronic books, personal stereos, handheld game machines and electronic dictionaries. The Company mainly distributes its products within the domestic market and to overseas markets.
HIGHER WAY ELECTRONIC CO., LTD. 
